Hyundai sales down 15% in Oct

PTI Updated - November 01, 2013 at 03:39 PM.

Hyundai Motor India Ltd today reported a 14.58 per cent decline in its total sales in October at 50,212 units against 58,784 units in the same month last year.

Domestic sales were marginally up at 36,002 units during the month from 35,778 units in October 2012, the company said in a statement.

Exports declined 38.2 per cent to 14,210 units from 23,006 units.

Commenting on the sales, Hyundai Senior Vice-President, Sales and Marketing, Rakesh Srivastava, said: “In this challenging market environment, sales have increased over last month by 17 per cent on account of monsoon, festival buying and strong sales of 11,519 units of new model Grand, which received an overwhelming customer response making it to the top five volume sellers within two months of its launch.”

Published on November 1, 2013 10:07